NOT LISTED FOR SALE

740 Magnolia Ln Unit 5 Marion, IA 52302

Estimated Value: $112,000 - $118,781

2 Beds
2 Baths
969 Sq Ft
$200/mo HOA Fee

Last Sold November 22, 2024

Last sale price $112,500 $116 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $958/month

36 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Guest Parking
  • Linn-Mar High School Rated A-
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of November 2024

NOW OFERING $250 GIFT CARD FOR LEASES SIGNED IN DECEMBER!

Spacious two-bedroom, two bathroom condo with vaulted ceilings & scenic views, and airy feel throughout the living space.

With hard surfaces in every room, this condo is not only stylish but easy to maintain. Enjoy the fully equipped kitchen with all appliances included, making move-in a breeze. Step out onto the private porch and take in serene, garden-like views perfect for relaxing after a long day.

The condo also includes a one-car detached garage, providing both convenience and security. The building features a secure entrance for added peace of mind.

Don't miss out on this well-maintained condo its move-in ready and waiting for you!

Last Agent to Sell the Property

Matt Ford

SKOGMAN REALTY Listed on: 09/05/2024

SKOGMAN REALTY

Last Buyer's Agent

Kathleen Cobler

RUHL & RUHL REALTORS®

RUHL & RUHL REALTORS®

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,084

Year Built

  • Built in 2000

Lot Details

  • 5

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Guest Parking

Home Design

  • 969 Sq Ft Home
  • Ranch Style House
  • Frame Construction
  • Vinyl Siding

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Novak Elementary School
  • Excelsior Middle School
  • Linn Mar High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener Leased

Listing and Financial Details

  • Assessor Parcel Number 113610300501028

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,084

Year Built

Built in 2000

Lot Details

0

HOA Fees

$200 per month

Parking

1

Listing Details

  • Association Fee Frequency: Monthly
  • Property Type: Residential
  • Property Sub-Type: Condominium
  • Lot Size Acres: 5.1
  • NAV29_Unit_1_Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator, Range Hood, Water Softener Rented, Washer
  • Co List Office Phone: 319-366-6427
  • MLS Status: Closed
  • Directions: 10th St north to Left on Magnolia Ln, building is around back.
  • Above Grade Finished Sq Ft: 969.0
  • Architectural Style: Ranch
  • New Construction: No
  • Year Built: 2000
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Construction Type: Frame, Vinyl Siding
  • Patio And Porch Features: Deck

Garage/Parking

  • Garage Spaces: 1.0
  • Attached Garage: Yes
  • Parking Features: Detached, Garage, Guest, Garage Door Opener

Utilities

  • Utilities: Cable Connected
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association: Yes

Schools

  • Elementary School: Novak
  • High School: Linn Mar
  • Middle Or Junior School: Excelsior

Lot Info

  • Lot Dimensions: 222,228
  • ResoLotSizeUnits: Acres
  • Parcel Number: 113610300501028
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2084.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2024
Closed on
Dec 5, 2024
Sold by
Disterhoft Jeff and Disterhoft Michelle L
Bought by
Encore316 Llc
Seller's Agent
Matt Ford
SKOGMAN REALTY
Buyer's Agent
Kathleen Cobler
RUHL & RUHL REALTORS®
List Price
$125,000
Sold Price
$112,500
Premium/Discount to List
-$12,500
-10%
Views
30
Current Estimated Value
$114,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,445
Avg. Annual Appreciation
4.15%

Purchase Details

Listed on
Sep 5, 2024
Closed on
Nov 20, 2024
Sold by
Crippen Crystal Renee and Diekman Crystal R
Bought by
Disterhoft Jeff
Seller's Agent
Matt Ford
SKOGMAN REALTY
Buyer's Agent
Kathleen Cobler
RUHL & RUHL REALTORS®
List Price
$125,000
Sold Price
$112,500
Premium/Discount to List
-$12,500
-10%
Views
30

Purchase Details

Closed on
May 7, 2008
Sold by
Nauman Jacob W and Nauman Heidi A
Bought by
Diekman Crystal R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,411
Interest Rate
5.93%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Encore316 Llc -- None Listed On Document
Disterhoft Jeff $112,500 None Listed On Document
Disterhoft Jeff $112,500 None Listed On Document
Diekman Crystal R $74,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crippen Crystal R $20,000
Previous Owner Diekman Crystal R $74,411
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2024 12/13/24 Off Market $1,100 -- --
12/04/2024 12/04/24 Price Changed $1,100 -4.3% $1 / Sq Ft
12/01/2024 12/01/24 Price Changed $1,150 0.0% $1 / Sq Ft
11/22/2024 11/22/24 Sold $112,500 0.0% $116 / Sq Ft
10/30/2024 10/30/24 For Rent $1,200 0.0% --
10/11/2024 10/11/24 Pending -- -- --
09/13/2024 09/13/24 Price Changed $119,999 -4.0% $124 / Sq Ft
09/05/2024 09/05/24 For Sale $125,000 -- $129 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $1,778 $110,800 $13,500 $97,300
2022 $1,692 $89,000 $13,500 $75,500
2021 $1,672 $89,000 $13,500 $75,500
2020 $1,672 $82,800 $13,500 $69,300
2019 $1,562 $77,800 $13,500 $64,300
2018 $1,498 $77,800 $13,500 $64,300
2017 $1,630 $75,500 $13,500 $62,000
2016 $1,630 $75,500 $13,500 $62,000
2015 $1,623 $75,500 $13,500 $62,000
2014 $1,436 $75,500 $13,500 $62,000
2013 $1,368 $75,500 $13,500 $62,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2406038

Cedar Rapids Area Association of REALTORS®

APN: 11361-03005-01028